Study sets matching "depression and new deal history great"

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Study sets matching "depression and new deal history great"

History - Great Depression and New Deal
Depression
Recession
Stock speculation
Watered stock
- a period in which all aspects of economy experience drastic…
- significant decline in activity spread across economy, last…
- consumers would freely invest in stocks which they had not…
- brokers inflated claims about a company's assets... - said the…
Depression
- a period in which all aspects of economy experience drastic…
Recession
- significant decline in activity spread across economy, last…
68 terms
History: The Great Depression and the New Deal
Herbert Hoover
Alfred E. Smith
Speculation
Black Tuesday
- Secretary of Commerce... - appointed by Harding... - Head of Fo…
- First Catholic Presidential Candidate (Democrat nominee)... -…
-practice of making high-risk investments in hopes of obtaini…
-October 29, 1929, when stock prices fell sharply in the Grea…
Herbert Hoover
- Secretary of Commerce... - appointed by Harding... - Head of Fo…
Alfred E. Smith
- First Catholic Presidential Candidate (Democrat nominee)... -…
History: Great Depression & New Deal
Credit
Speculation
Black Tuesday
Shantytown
An arrangement to receive cash, goods, or services now and pa…
Ignoring the risks of buying stocks and bonds; Buying and sel…
October 29, 1929; date of the worst stock-market crash in Ame…
Hoovervilles; ... a settlement made up of crudely built shacks
Credit
An arrangement to receive cash, goods, or services now and pa…
Speculation
Ignoring the risks of buying stocks and bonds; Buying and sel…
11 terms
History Great Depression and New Deal
Relief
Recovery
Reform
SSA (Social Security Administration)
Unemployment to poverty
Bring back faith in banks, economy...
Fix problems that caused depression
Relief/Reform- old people w/out money
Relief
Unemployment to poverty
Recovery
Bring back faith in banks, economy...
16 terms
History Great Depression/ New Deal
Buying on margin
Dust bowl
Deflation
Bank run
Buying stocks with loans from brokers
Dust storms
Less money in system
Costumers lose money
Buying on margin
Buying stocks with loans from brokers
Dust bowl
Dust storms
15 terms
History Great Depression and the New Deal
Stock market
Bull market
Buying on margin
Speculation
A system of buying and selling shares of companies.
When stock prices rise steadily.
Americans were paying a small percentage of a stock price as…
Too many Americans were buying stocks and selling them quickl…
Stock market
A system of buying and selling shares of companies.
Bull market
When stock prices rise steadily.
37 terms
The Great Depression & New Deal
Works Progress Administration (WPA)
New Deal
Pros of Roosevelt's New Deal
Con of Roosevelt's New Deal
Hires jobless people to build public buildings and parks.
program of President Franklin D. Roosevelt to end the Great D…
- Government has a duty to help all citizens.... - The New Deal…
- Government should not interfere in business or in people's…
Works Progress Administration (WPA)
Hires jobless people to build public buildings and parks.
New Deal
program of President Franklin D. Roosevelt to end the Great D…
12 terms
The Great Depression and New Deal
Great Depression
Herbert Hoover
Rugged Individualism
Hoovervilles
Economic Crisis from 1929 to the 1930s caused by the Stock Ma…
President when the Stock Market crashed. Believed in laissez-…
Hoover's idea that people are strong enough to deal with prob…
Shantytowns built by the unemployed and homeless at the start…
Great Depression
Economic Crisis from 1929 to the 1930s caused by the Stock Ma…
Herbert Hoover
President when the Stock Market crashed. Believed in laissez-…
history- the Great Depression & the new deal
the causes of the GD
black tuesday
vagrancy
bank failures
-unequal distribution of wealth ... -farming problems... -unpaid lo…
investors raced to pull their money out of the stock market,…
arresting someone for homelessness
one of the first to feel the effects of the crash. almost all…
the causes of the GD
-unequal distribution of wealth ... -farming problems... -unpaid lo…
black tuesday
investors raced to pull their money out of the stock market,…
History Great Depression/New Deal
After the Crash of 1929, thousands of…
The practice of borrowing with a small…
Of the following, which is NOT a stock…
The major difference between Hoover's…
could not return depositors money
buying on margin
FDIC
Hoover relied on local and state aid, while Roosevelt believe…
After the Crash of 1929, thousands of…
could not return depositors money
The practice of borrowing with a small…
buying on margin
12 terms
History- The Great Depression and the New Deal
Buying on Margin
Economic causes of the Great Depression
Run on Banks
Hooverville
System if buyjng stocks
Stock crash, back failures, & uneven destitution between rich…
Banks did not have enough money to pay all withdrawing deposi…
Shady towns set up by homeless people during the Great Depres…
Buying on Margin
System if buyjng stocks
Economic causes of the Great Depression
Stock crash, back failures, & uneven destitution between rich…
23 terms
History~ The Great Depression and the New Deal
Overproduction
Bankruptcy
Default
Bonus
Situation in which the supply of manufactured goods exceeds t…
Financial failure caused by a company's inability to pay its…
Fail to repay their loans
Extra payment
Overproduction
Situation in which the supply of manufactured goods exceeds t…
Bankruptcy
Financial failure caused by a company's inability to pay its…
46 terms
The Great Depression and New Deal
Causes of the Great Depression
Effects of the Great Depression
buying on margin
Black Tuesday
1. Stock Market Crash... 2. Speculation... 3. Buying on Margin... 4. H…
- Many banks fail.... - Many businesses and factories fail.... -…
practice that allows people to buy stock with a down payment…
October 29, 1929- the day the stock market crashed, signaling…
Causes of the Great Depression
1. Stock Market Crash... 2. Speculation... 3. Buying on Margin... 4. H…
Effects of the Great Depression
- Many banks fail.... - Many businesses and factories fail.... -…
27 terms
History Great Depression/New Deal
What factor best explains the decline…
Which was an effect of the great depre…
Which was a guiding principle of the n…
What was the main cause of the great d…
New banking laws restored public confidence in banks.
High unemployment and failing seal estate values.
Government must assume greater responsibility for helping poor.
Overproduction of manufactured goods.
What factor best explains the decline…
New banking laws restored public confidence in banks.
Which was an effect of the great depre…
High unemployment and failing seal estate values.
20 terms
Great Depression & New Deal
Great Depression
Black Tuesday
Buying on the Margin
Deflation
(1929-1939) The dramatic decline in the world's economy due t…
October 29, 1929; date of the worst stock-market crash in Ame…
paying a small percentage of a stock's price as a down paymen…
A situation in which prices are declining
Great Depression
(1929-1939) The dramatic decline in the world's economy due t…
Black Tuesday
October 29, 1929; date of the worst stock-market crash in Ame…
12 terms
Great Depression and the New Deal
Hoovervilles
Dust Bowl
Hawley-Smoot Tariff
Federal Deposit Insurance Corporation…
settlements of shacks on the outskirts of many American citie…
name given in the early 1930s to regions of Oklahoma, Kansas,…
tariff act that imposed severe tariffs on all incoming goods;…
Federal agency established during the "First Hundred Days" of…
Hoovervilles
settlements of shacks on the outskirts of many American citie…
Dust Bowl
name given in the early 1930s to regions of Oklahoma, Kansas,…
31 terms
American History Great Depression and New Deal Terms
Agricultural Adjustment Act (AAA)
Bank Holiday
Black Tuesday
Bread Lines
A New Deal program enacted in 1933 to raise crop prices by pa…
One of the first actions taken by FDR when all banks were ord…
Nickname given to October 29, 1929; date of the worst stock-m…
Groups of people waiting to receive food provided by charitab…
Agricultural Adjustment Act (AAA)
A New Deal program enacted in 1933 to raise crop prices by pa…
Bank Holiday
One of the first actions taken by FDR when all banks were ord…
79 terms
History Great Depression and New Deal
Buying Stocks on the Margin
Speculation
Black Tuesday
The Great Depression
Americans didn't have the money to buy stocks, or had a down…
An Involvment in risky business transactions in an effort to…
October 29 1929, when the stock market crashes
A period, lasted from 1929-1940, in which the US economy was…
Buying Stocks on the Margin
Americans didn't have the money to buy stocks, or had a down…
Speculation
An Involvment in risky business transactions in an effort to…
History: The Great Depression & The New Deal
Economic Boom 1920's
Speculation
On the Margin
Irregulated Stock Market
Republican president in office at the time,... Prosperity associ…
Do not intend to keep shares for long,... Form of gambling,... Even…
Possible to buy shares on credit,... Didn't need to buy them at…
No Government control,... People could buy shares at 10% of the…
Economic Boom 1920's
Republican president in office at the time,... Prosperity associ…
Speculation
Do not intend to keep shares for long,... Form of gambling,... Even…
22 terms
Great Depression and The New Deal-History
Causes of the Great Depression
Main Reason for stock market crash in…
Banks
Farmers
1. Unequal distribution of wealth... 2. Kept prices artificially…
Speculation: making risky investments in stock market in hope…
Thousands of banks failed ... Brokers and borrowers couldn't pay…
Overproduction --> prices dropped ... Dust Bowl- high winds, dro…
Causes of the Great Depression
1. Unequal distribution of wealth... 2. Kept prices artificially…
Main Reason for stock market crash in…
Speculation: making risky investments in stock market in hope…
History Great Depression/New Deal
Southerners supported the Tenn. Valley…
FDR was elected in 1932 and promised a…
When the Supreme Court ruled 2 New Dea…
FDR was a master at using the radio fo…
Electricity
New Deal
Fifteen
Fireside Chats
Southerners supported the Tenn. Valley…
Electricity
FDR was elected in 1932 and promised a…
New Deal
24 terms
History Great Depression/New Deal
Stock Market Crash
Lorena Hickok
Why was great depression terrible?
Herbert Hoover elected
October 1929. 89% Dow Jones value lost
Chronicle events in country like hookworm malnutrition.
Middle class was poor. (Hard workers)
1928-32
Stock Market Crash
October 1929. 89% Dow Jones value lost
Lorena Hickok
Chronicle events in country like hookworm malnutrition.
21 terms
History-Great Depression/New Deal
Charles "Charlie" Mitchell
Thomas Lamont
Buying on Margin
Margin Call
American banker Charles E. Mitchell announced his company the…
On January 1, 1911, he became a partner of J.P. Morgan & Co.,…
As the boom market continued, people were increasingly willin…
...
Charles "Charlie" Mitchell
American banker Charles E. Mitchell announced his company the…
Thomas Lamont
On January 1, 1911, he became a partner of J.P. Morgan & Co.,…
12 terms
history great depression and new deal
agricultural adjustment act(AAA)
civillian conservation corps(CCC)
federal emergency relief administratio…
federal deposit insurance cooperation(…
1933--limited farm production to help raise prices; paid for…
1933--provided jobs and relocation for young men(18-25) in ru…
1933--gave direct relief in the form of money as aid to state…
insured savings of bank depositors and monitored soundness of…
agricultural adjustment act(AAA)
1933--limited farm production to help raise prices; paid for…
civillian conservation corps(CCC)
1933--provided jobs and relocation for young men(18-25) in ru…
35 terms
History - Great Depression & New Deal
Herbert Hoover
Great crash on Wall Street
5 Causes of the Great Depression
Speculation on stock market
President 1929-1933
October 1929, symbolizes beginning of Great Depression. Signs…
1. Durable goods inventory exceeded demand (production slowed…
October 1929 - value of stocks declined by 37%. By 1933, valu…
Herbert Hoover
President 1929-1933
Great crash on Wall Street
October 1929, symbolizes beginning of Great Depression. Signs…
History-Great Depression and the New Deal
stock market speculation
election of 1928
"buying on the margin"
stock market crash
practice of engaging in risky financial transactions in an at…
between Herbert hoover and Alfred smith, hoover won a landsli…
borrowing money from a broker to purchase stock
a sudden dramatic decline of stock prices across a country th…
stock market speculation
practice of engaging in risky financial transactions in an at…
election of 1928
between Herbert hoover and Alfred smith, hoover won a landsli…
42 terms
History great depression/new deal
Alfred E. Smith
stock market
bull market
margin
the Democratic (Roman Catholic) nominee in the 1928 president…
a system for buying and selling shares of companies
a long period of rising stock prices
a way of buying stocks by paying only a small percent of the…
Alfred E. Smith
the Democratic (Roman Catholic) nominee in the 1928 president…
stock market
a system for buying and selling shares of companies
13 terms
History (Great depression/ new deal)
Bonus Army
Douglas MacArthur
Dow Jones Industrial Index
Great Crash of 1929
was the popular name of an assemblage of some 43,000 marchers…
an American general who commanded the Southwest Pacific in Wo…
A price-weighted average of 30 actively traded blue-chip stoc…
a severe downturn in equity prices that occurred in October o…
Bonus Army
was the popular name of an assemblage of some 43,000 marchers…
Douglas MacArthur
an American general who commanded the Southwest Pacific in Wo…
History Great depression and new deal
how did the stock market speculation c…
FDIC
Securities Exchange Commission
Social Security Act
people kept purchasing stocks with a loan which caused real v…
agency that ensures bank deposits
regulated stock market and made it safer for investments
set up payment systems for retirees
how did the stock market speculation c…
people kept purchasing stocks with a loan which caused real v…
FDIC
agency that ensures bank deposits
history great depression and new deal
bull market
bear market
buying on margin
gross national product
Upward stock trends in the market
Downward stock trends in the market
using borrowed money to buy stocks
total value of all goods and services produced
bull market
Upward stock trends in the market
bear market
Downward stock trends in the market
68 terms
History: The Great Depression and the New Deal
Herbert Hoover
Alfred E. Smith
Speculation
Black Tuesday
- Secretary of Commerce... - appointed by Harding... - Head of Fo…
- First Catholic Presidential Candidate (Democrat nominee)... -…
-practice of making high-risk investments in hopes of obtaini…
-October 29, 1929, when stock prices fell sharply in the Grea…
Herbert Hoover
- Secretary of Commerce... - appointed by Harding... - Head of Fo…
Alfred E. Smith
- First Catholic Presidential Candidate (Democrat nominee)... -…
43 terms
History - Great Depression and the New Deal
Franklin Delano Roosevelt
Eleanor Roosevelt
public works
fireside chats
_Democrat, won 1932 presidential election by a landslide... -Und…
- wife of Franklin Roosevelt... -served as his 'eyes and ears"... -…
- building projects funded by the government... -provided jobs f…
-Roosevelt's radio communication with ordinary people.... -peopl…
Franklin Delano Roosevelt
_Democrat, won 1932 presidential election by a landslide... -Und…
Eleanor Roosevelt
- wife of Franklin Roosevelt... -served as his 'eyes and ears"... -…
32 terms
History Great Depression/New deal
Causes of the great depression
Supply & Demand
Speculation
Black Tuesday
Supply & Demand... Speculation... Capitalism (free enterprise)... Herb…
- Pride & demand increased during World War I... - farmers took…
People blindly thought their stocks would increase & they wou…
October 29, 1929... - the market began to fall b/c companies had…
Causes of the great depression
Supply & Demand... Speculation... Capitalism (free enterprise)... Herb…
Supply & Demand
- Pride & demand increased during World War I... - farmers took…
The Great Depression & New Deal
Works Progress Administration (WPA)
New Deal
Pros of Roosevelt's New Deal
Con of Roosevelt's New Deal
Hires jobless people to build public buildings and parks.
program of President Franklin D. Roosevelt to end the Great D…
- Government has a duty to help all citizens.... - The New Deal…
- Government should not interfere in business or in people's…
Works Progress Administration (WPA)
Hires jobless people to build public buildings and parks.
New Deal
program of President Franklin D. Roosevelt to end the Great D…
18 terms
History(Great Depression and New Deal)
Buying on a margin?
Speculation?
Dust bowl?
Dow jones Industrial Average?
Paying a small percentage of stocks price as a down payment a…
Bought stocks/bonds on a chance of a quick profit
Region hit hardest by the dust storm
Barometer of stock market's health
Buying on a margin?
Paying a small percentage of stocks price as a down payment a…
Speculation?
Bought stocks/bonds on a chance of a quick profit
20 terms
history the great depression/new deal
Hoover
causes of the great depression
emergency banking relief act
glass-steagall act
-he was the 31st president (election of 1928) of the united s…
-banks fail... -stock market crashes... -banking policy decreases m…
permitted solvent banks to reopen under government supervisio…
An act the U.S. Congress passed in 1933 as the Banking Act, w…
Hoover
-he was the 31st president (election of 1928) of the united s…
causes of the great depression
-banks fail... -stock market crashes... -banking policy decreases m…
17 terms
Great Depression and the New Deal
Herbert Hoover
Franklin D. Roosevelt
Dust Bowl
Smoot-Hawley Tariff
31st President of the United States, Republican candidate who…
32nd President of the United States, a Democrat. He began the…
the name given to the Great Plains region devastated by droug…
an act that raised U.S. tariffs on over 20,000 imported goods…
Herbert Hoover
31st President of the United States, Republican candidate who…
Franklin D. Roosevelt
32nd President of the United States, a Democrat. He began the…
60 terms
history great depression and new deal
bull market
bear market
buying on margin
gross national product
Upward stock trends in the market
Downward stock trends in the market
using borrowed money to buy stocks
total value of all goods and services produced
bull market
Upward stock trends in the market
bear market
Downward stock trends in the market
26 terms
history- Great Depression & New Deal
Bull Market
Bear Market
Black Tuesday
Herbert Hoover
Name for stock market when it is going well
Name for stock market when it is going bad
October 29 1929 prices dropped to new low when panicked inves…
Expressed confidence in making Americans believe economy woul…
Bull Market
Name for stock market when it is going well
Bear Market
Name for stock market when it is going bad
12 terms
History: The Great Depression and New Deal
Unemployment was highest in what year?
What were Hoovervilles?
Causes of the Great Depression
speculation
1933
Shacks where people shivered, suffered, and starved. The name…
speculation... over confidence... buying on margin... overproduction... u…
taking risky bets and guessing on stocks, hoping for profit
Unemployment was highest in what year?
1933
What were Hoovervilles?
Shacks where people shivered, suffered, and starved. The name…
20 terms
US History: Great Depression and New Deal
Great Depression
Stock Market Speculation
Consumer Debt
Stock Market Crash (Black Tuesday)
The period that lasted from 1929 until 1941. It was marked by…
Like gambling, it is when investors put money they had borrow…
A cause of the Great Depression; because of all the new items…
October 29, 1929; the day the bottom fell out of the stock ma…
Great Depression
The period that lasted from 1929 until 1941. It was marked by…
Stock Market Speculation
Like gambling, it is when investors put money they had borrow…
45 terms
History- Great Depression/New Deal
Unequal distribution of wealth and inc…
Unequal distribution of corporate power
poor banking structure
foreign Balance of Payments
no middle class-they fall to the lower class during GD... econom…
consolidation and merges causing less competition... prices go up
4-5 banks opening per day while also closing at a rate of 2 b…
U.S. became creditor nation-made other countries paying back…
Unequal distribution of wealth and inc…
no middle class-they fall to the lower class during GD... econom…
Unequal distribution of corporate power
consolidation and merges causing less competition... prices go up
18 terms
Great Depression & New Deal
New Deal
FDR
TVA
Causes of the Great Depression
program of President Franklin D. Roosevelt to end the Great D…
President during the Depression and WWII. He instituted the N…
This program built a hyro-electric dam to provide cheap elect…
1) speculation in the stock market... 2) bank failures... 3) moneta…
New Deal
program of President Franklin D. Roosevelt to end the Great D…
FDR
President during the Depression and WWII. He instituted the N…
15 terms
History: The Great Depression and the New Deal
Overproduction->Dustbowl
Great Depression vs. Great Recession;…
Hoover Economic Philosophy
"Rugged individualism"
people were planting too much, overproduced. Soil couldn't re…
GD-30%... GR-10%
Philosophy: Prosperity through individualism and efficiency... s…
People forgot about the efficiency part of his philosophy and…
Overproduction->Dustbowl
people were planting too much, overproduced. Soil couldn't re…
Great Depression vs. Great Recession;…
GD-30%... GR-10%
53 terms
History: The Great Depression and The New Deal
Business Cycle
Recession
Depression
Causes of the Great Depression
A pattern of increases and decreases in economic activity
a slow down in economic activity, consumers spend less, highe…
a prolonged recession: very high unemployment, decline in spe…
1. Uneven distribution of Income... - growing gap between rich…
Business Cycle
A pattern of increases and decreases in economic activity
Recession
a slow down in economic activity, consumers spend less, highe…
History Great Depression/New Deal
What factor best explains the decline…
Which was an effect of the great depre…
Which was a guiding principle of the n…
What was the main cause of the great d…
New banking laws restored public confidence in banks.
High unemployment and failing seal estate values.
Government must assume greater responsibility for helping poor.
Overproduction of manufactured goods.
What factor best explains the decline…
New banking laws restored public confidence in banks.
Which was an effect of the great depre…
High unemployment and failing seal estate values.
35 terms
History - Great Depression & New Deal
Herbert Hoover
Great crash on Wall Street
5 Causes of the Great Depression
Speculation on stock market
President 1929-1933
October 1929, symbolizes beginning of Great Depression. Signs…
1. Durable goods inventory exceeded demand (production slowed…
October 1929 - value of stocks declined by 37%. By 1933, valu…
Herbert Hoover
President 1929-1933
Great crash on Wall Street
October 1929, symbolizes beginning of Great Depression. Signs…
42 terms
Great Depression/New Deal history
What group experienced an early depres…
During the 20s, the US economy moved t…
Which factor contributed to the spread…
These factors helped hide economic pro…
Farmers
Expansion
The US curtailed investment in Europe
people purchased consumer goods on credit..farmers sold crop…
What group experienced an early depres…
Farmers
During the 20s, the US economy moved t…
Expansion
Great Depression and New Deal
Stock Market Crash Causes
Buying on Margin
Black Tuesday
Causes of the Great Depression (BOGUS)
Wall Street economy disconnected from the real economy - peop…
Purchasing stocks on credit with a loan from a broker
October 29, 1929... When the market crashed and did not recover.
Bank Crisis: Banks made bad loans and invested in stocks; peo…
Stock Market Crash Causes
Wall Street economy disconnected from the real economy - peop…
Buying on Margin
Purchasing stocks on credit with a loan from a broker
32 terms
History: The Great Depression and the New Deal
Private Companies
Public Corporations
Bull Market
Bear Market
Owned by private family or individuals
Collectively owned, shared profit and loss
Booming economy where a lot is bought and sold and much profi…
Slow economy where little is being bought or sold and not muc…
Private Companies
Owned by private family or individuals
Public Corporations
Collectively owned, shared profit and loss
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